Jessica Fiur is the editor-in-chief at Multi-Housing News and Commercial Property Executive and writes the award-winning blog What Renters Want.
Jessica has been with the company since 2011 and previously was with Weekly Reader and IQPC. Contact Jessica at jessica.fiur@cpe-mhn.com, on Twitter @jfiur or on LinkedIn https://www.linkedin.com/in/jessicafiur/.
MHN Interview: Holly Greer, SVP, CNL Financial Group
MHN speaks with Holly Greer, senior vice president and general counsel of CNL Financial Group, about current trends in multifamily lending, as well as some of the challenges.
Four Seasons to Celebrate Opening of Flagship Hotel in Toronto
On October 5, Four Seasons Hotels and Resorts will celebrate a homecoming of sorts with the opening of a landmark 259-room hotel in Toronto, the multicultural metropolis where the company was founded more than 50 years ago.
Luxurious Jazz Lounge Opens in Qatar’s First St. Regis Hotel
The St. Regis Hotel & Resorts has announced October 4th as the official opening date of Jazz at Lincoln Center Doha, a luxurious jazz lounge in Qatar’s first-ever St. Regis hotel.
American Realty Capital New York Recovery REIT Acquires Brooklyn Condo
American Realty Capital New York Recovery REIT Inc. recently purchased The 163 Washington Condominiums, consisting of 50 rental units and a 36-space parking facility in Brooklyn, N.Y., for $31.5 million.
Economy Watch: U.S. Economy Dragging, Texas Shows Some Pep
Two different branches of the Federal Reserve issued economic reports on Monday, one not particularly sanguine about the U.S. economy, the other more hopeful about a region whose relatively strong economy has gotten some attention lately.
Louisville Apartment Property Trades for $22.5M
The Chicago-based Infinity Group has sold Vieux Carre Apartments, a 326-unit complex in Louisville, for $22.5 million.
South Mississippi Housing and Development Corp. and The Michaels Organization Break Ground on Affordable Community
South Mississippi Housing and Development Corp. and The Michaels Organization have broken ground on McIntosh Homes, an independent-living affordable housing community for seniors in Gulfport, Miss.
Arbor’s FHA Multifamily Lending Business Accelerates Expansion with Hiring of New Chicago Originator
Arbor Commercial Mortgage LLC, a direct commercial real estate lender originating on a national basis, has expanded its multifamily FHA loan origination capabilities further with the appointment of an experienced FHA originations director in the company’s Chicago office.
Commercial/Multifamily Mortgage Debt Outstanding Declines Fueled by Drop in CMBS Loans
The level of commercial/multifamily mortgage debt outstanding decreased by $10.4 billion, or 0.4 percent, in the second quarter of 2012, as the balance of loans in CMBS, CDO and other ABS issues continued to decline, according to the Mortgage Bankers Association (MBA).
aptsandlofts.com Continues Expansion at Cobble Hill Office
New York—aptsandlofts.com, a privately owned full-service NYC real estate brokerage, has announced that Jeanine Castellano will be joining aptsandlofts.com residential division as senior project manager, leading the leasing at 27 on 27th in the Court Square neighborhood of Long Island City. aptsandlofts.com expert Brad Philips has been named managing director of the Cobble Hill office. A longtime agent with MNS and the Developers Group with over 10 years of industry experience, Castellano will oversee the leasing program at 27 on 27th, aptsandlofts.com’s new rental tower in the Court Square neighborhood of Long Island City, slated to launch in October of…